TORONTO May 29 (Reuters) - Bank of Nova Scotia
reported a quarterly profit that beat market expectations on
Friday and outlined a plan to buy back shares as earnings grew
at its Canadian banking division.

The second-quarter report from the country's third-largest
lender rounds out results from the six major Canadian banks, all
of which beat earnings estimates. Three of them, Bank of
Montreal, National Bank of Canada and Canadian
Imperial Bank of Commerce, also raised their dividends.

Still, investors remain concerned about slowing domestic
growth and a lack of strong catalysts for the lenders, as well
the impact from exposure to the energy industry.